What’s the fuss about WorldQuant University? What is it all about?

Pawan Srivastav
3 min readOct 7, 2020

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WorldQuant University

In the time of the Pandemic, Universities were left stranded with either being forced to shut or their current syllabus taught to be incomplete. So, In the time of the global pandemic, came the need to reinvent the ways they have been operating. Nonetheless, the education sector had also to reinvent their way of working, so it leads to the digitalization of the sector. And we saw the boom of E-learning. This paradigm shift to online learning has revolutionized the education sector and has led to a virtual world.

Data science is the Future of the Industry. Dubbed as “The Sexiest Job of the 21st century ”, most of them would be keen to seek a career in it. Data scientists are highly educated — 88% have at least a Master’s degree and 46% have PhDs — and while there are notable exceptions, a very strong educational background is usually required to develop the depth of knowledge necessary to be a data scientist. The truth is, most data scientists have a Master’s degree or Ph.D. degree.

Photo by Cole Keister on Unsplash

In these challenging and uncertain times, the prospect of students to go to less expensive schools, take a year off or not go to college at all are anticipated. But, here comes the rescue plan. What if you can still get an MSc degree in the field of financial degree and that too with Tuition-free costs. Hell yes, WorldQuant University offers this program.

WorldQuant University is an international not-for-profit advancing global education in data sciences. The mission of the WorldQuant University is to make advanced, quality education accessible to capable students everywhere by leveraging technology at scale to deliver entirely online, tuition-free programs.

With enrollment in more than 100 countries, the MSc program in Financial Engineering delivers a rigorous curriculum developed by domain experts. From anywhere in the world, students are guided by professionally experienced faculty to develop high-level quantitative and data-driven skills in high demand across industries.

MSc in Financial Engineering degree programs can cost more than $50,000, a dealbreaker for most otherwise qualified individuals around the world to pursue education and expand their expertise. The MSc program is entirely free, though there are costs for books and materials, estimated to be $1,000 over the two years to complete the degree. They are committed to helping the most capable students advance themselves and improve the world through data science.

The frequently asked questions ranging from about WQU to the MScFE program and enrollments can be found here.

In addition to it, if one does not want to enroll in 2 years program of MScFE, one can opt to apply for Applied Data Science Module. That module consists of two eight-week units. The first unit of the module is a true introduction to data science, focusing on the principles and practices in scientific computing and practical applications of Python. Unit II is a more advanced data science course, focusing on machine learning and statistical analysis. Students may choose to only take the first module or may select to take the second after completing the first.

In a time of uncertainties, if one wants to do a master’s in the data science field, it is better to opt for WorldQuant University and be debt-free.

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